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Contract Law
C/L/490. FOB and CIF contracts in international trade transactions
- WORDS:
- 2500
- DATE:
- 2010
- PRICE:
- 29.99 GBP
The paper looks at the two types of international contracts, i.e. Free on Board (FOB) contract and Cost Insurance Freight (CIF) contract examining their applicability in international trade transactions. The features of FOB and CIF contracts are defined, their advantages and disadvantages are outlined, the reasons for their popularity are explained.
KEYWORDS: Free on Board contract, FOB, Cost Insurance Freight, CIF, international contracts, international trade transactions,
Other Papers On: Contract Law
Other Papers On: International Trade Law
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